What is the development prospect of opening a pet shop in Beijing?

I am a resident of Beijing. I have two puppies at home. I often need to buy dog food, bath water, toys and clothes for my dog. Put the dog in the pet shop when there is no one at home on a business trip. According to my observation, because there are more and more families with pets, the business of pet shops near my home is very good. In my opinion, it is completely possible to open a pet shop in Beijing, which has certain development prospects. However, we should choose the location and environment of the store to ensure that we have certain medical technology and pet service level.

In addition, I would like to provide you with some information: According to the analysis of Forward-looking Industry Research Institute, the market size of China's pet industry has reached 1000 billion, and it is estimated that by 2020, this volume is expected to reach 200 billion yuan, which means that the industry scale will maintain an average annual growth rate of more than 30% in the next few years.

The scale of the pet products industry continues to expand, giving birth to investment opportunities in various segments. According to statistics, there are more than 200,000 new pets in China every year, of which about 70% pet owners will spend 1 10,000 yuan, even as high as 20,000 yuan. Among them, the main expenses are concentrated in clothing, food, health care, seeing a doctor, sleeping and cleaning.

Moreover, the sales of pets continue to rise, and people of all ages are extremely fond of pets. The annual sales of pet market in Beijing alone reached 3.2 billion yuan.

In addition, the continuous expansion of the scale of pet sales has brought about a rapid expansion of the market scale of pet products. Whether it is pet products or pet services, its development prospects are extremely promising.

However, at present, in the field of pet products and pet services, the market concentration is not high, and many operators are small in scale and strong in locality, and all of them conduct business around surrounding residential areas. For business operators, it is difficult to open up popularity in the market and form a brand effect. On the contrary, those chain-operated enterprises are more likely to form scale, gain market recognition and operate more standardized. In the future, this will become the trend of pet products industry.

I hope my message can provide you with useful help, and I wish you success in opening a shop!